SAFILO GROUP S.P.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.5 USD | +13.51% |
|
-.--% | +69.43% |
| 27/05 | Italy's Benetton plans restructuring as losses mount: sources | RE |
| 27/05 | Italy's Benetton plans restructuring as losses mount, sources say | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 307.1 | 219.7 | 650.9 | 629.6 | 378.2 | 437.9 | - | - |
| Enterprise Value (EV) 1 | 334.9 | 398.7 | 744.9 | 743 | 460.9 | 516.8 | 489.4 | 450.9 |
| P/E ratio | -0.94 x | -3.16 x | 22.5 x | 11.7 x | -15.2 x | 17.8 x | 13.9 x | 9.36 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.33 x | 0.28 x | 0.67 x | 0.58 x | 0.37 x | 0.42 x | 0.4 x | 0.39 x |
| EV / Revenue | 0.36 x | 0.51 x | 0.77 x | 0.69 x | 0.45 x | 0.5 x | 0.45 x | 0.4 x |
| EV / EBITDA | 5.12 x | 399 x | 8.77 x | 7.34 x | 5.01 x | 5.36 x | 4.5 x | 3.62 x |
| EV / FCF | -20.6 x | -19.4 x | -276 x | -45 x | 15.8 x | 18.4 x | 17.4 x | 10.5 x |
| FCF Yield | -4.86% | -5.15% | -0.36% | -2.22% | 6.31% | 5.43% | 5.74% | 9.53% |
| Price to Book | 0.9 x | 1.49 x | 1.99 x | 1.54 x | 1 x | 1.06 x | 0.96 x | 0.88 x |
| Nbr of stocks (in thousands) | 2,75,704 | 2,75,704 | 4,13,556 | 4,13,688 | 4,13,745 | 4,13,888 | - | - |
| Reference price 2 | 1.114 | 0.7970 | 1.574 | 1.522 | 0.9140 | 1.058 | 1.058 | 1.058 |
| Announcement Date | 11/03/20 | 11/03/21 | 15/03/22 | 09/03/23 | 14/03/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 939 | 780.3 | 969.6 | 1,077 | 1,025 | 1,033 | 1,082 | 1,132 |
| EBITDA 1 | 65.4 | 1 | 84.9 | 101.2 | 92 | 96.37 | 108.8 | 124.5 |
| EBIT 1 | -271.7 | -79.84 | 28.2 | 53.5 | 49.6 | 55.27 | 66.87 | 84.2 |
| Operating Margin | -28.94% | -10.23% | 2.91% | 4.97% | 4.84% | 5.35% | 6.18% | 7.44% |
| Earnings before Tax (EBT) 1 | -279 | -84.11 | 34.8 | 64.14 | -19.46 | 39.33 | 47.6 | 59.7 |
| Net income 1 | -328.3 | -69.38 | 21.3 | 54.16 | -24.6 | 24.91 | 31.73 | 40.9 |
| Net margin | -34.96% | -8.89% | 2.2% | 5.03% | -2.4% | 2.41% | 2.93% | 3.61% |
| EPS 2 | -1.191 | -0.2520 | 0.0700 | 0.1300 | -0.0600 | 0.0595 | 0.0763 | 0.1130 |
| Free Cash Flow 1 | -16.28 | -20.54 | -2.7 | -16.5 | 29.1 | 28.07 | 28.1 | 42.95 |
| FCF margin | -1.73% | -2.63% | -0.28% | -1.53% | 2.84% | 2.72% | 2.6% | 3.79% |
| FCF Conversion (EBITDA) | - | - | - | - | 31.63% | 29.12% | 25.83% | 34.5% |
| FCF Conversion (Net income) | - | - | - | - | - | 112.67% | 88.57% | 105.01% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 11/03/20 | 11/03/21 | 15/03/22 | 09/03/23 | 14/03/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2020 S2 | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 Q1 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 335.6 | - | 510.7 | 226.6 | 232.2 | 282.6 | 288.3 | 570.9 | 260.4 | 245.4 | 263 | 550.1 | 235 | 239.6 | 474.6 | 275.5 | - | - |
| EBITDA 1 | - | 29.3 | 49.7 | 19.1 | 12.7 | 32 | 30.6 | 62.6 | 22.6 | 15.9 | 24.9 | 57.3 | 18.1 | 16.6 | - | 30.55 | - | - |
| EBIT | -55.2 | - | 22.3 | - | - | - | - | 39.2 | - | - | - | 35.1 | - | - | - | - | 37.6 | 15 |
| Operating Margin | -16.45% | - | 4.37% | - | - | - | - | 6.87% | - | - | - | 6.38% | - | - | - | - | - | - |
| Earnings before Tax (EBT) | -79.99 | - | - | - | - | - | - | 44 | - | - | - | - | - | - | - | - | - | - |
| Net income | -74.75 | - | 2 | - | - | - | - | 32.7 | - | - | - | - | - | - | - | - | - | - |
| Net margin | -22.28% | - | 0.39% | - | - | - | - | 5.73% | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 31/07/20 | 11/03/21 | 03/08/21 | 09/11/21 | 15/03/22 | 03/05/22 | 03/08/22 | 03/08/22 | 03/11/22 | 09/03/23 | 02/08/23 | 02/08/23 | 03/11/23 | 14/03/24 | 14/03/24 | - | - | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 27.8 | 179 | 94 | 113 | 82.7 | 78.9 | 51.5 | 13 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.4251 x | 179 x | 1.107 x | 1.121 x | 0.8989 x | 0.8187 x | 0.4734 x | 0.1044 x |
| Free Cash Flow 1 | -16.3 | -20.5 | -2.7 | -16.5 | 29.1 | 28.1 | 28.1 | 43 |
| ROE (net income / shareholders' equity) | -1.21% | -19% | 9.06% | 14.7% | -6.25% | 6.5% | 7.6% | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 1.240 | 0.5300 | 0.7900 | 0.9900 | 0.9200 | 1.000 | 1.100 | 1.200 |
| Cash Flow per Share | 0.1000 | -0.1300 | 0.0600 | - | - | - | - | - |
| Capex 1 | 30.6 | 21.4 | 9.76 | 15.7 | 13.3 | 15.2 | 16.1 | 16.9 |
| Capex / Sales | 3.26% | 2.75% | 1.01% | 1.46% | 1.3% | 1.47% | 1.49% | 1.49% |
| Announcement Date | 11/03/20 | 11/03/21 | 15/03/22 | 09/03/23 | 14/03/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
1.058
EUR
Average target price
1.365
EUR
Spread / Average Target
+29.02%
EPS Revisions
Quarterly revenue - Rate of surprise
- Stock Market
- Equities
- SFL Stock
- SAFLY Stock
- Financials Safilo Group S.p.A.
